Wyeth Reviews
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Pros
Reasonably good salary
Good benefits
Pleasant enough work environment
Adequate computer & office supplies
Pleasant campus with pretty nice amenities
Cons
Atrocious corporate intrigue at the mid-to-lower levels
Senior management totally out of touch with the people who actually do the work
Too many people coasting to retirement
Advice to Senior Management
The fat-cat style of management will drive all your good employees away. You have to be informed about a subordinate's skill set before you can judge whether or not they've done a good job.
Pros
direct management is some of the best in the business. managers help you achieve your goals, without putting alot of unnecessary paper work on you. great class of people
Cons
wyeth has undergone many layoffs in the last 5 years, which is frustrating, but not the only one in the industry.
Advice to Senior Management
give bigger incentives to your top performing reps.
Pros
The People are good to work with and try very hard under stressful times of acquisition, Salary is ok , challenge, Parking is free and garage in the winter. Have high standards
Cons
Benefits, medical out of pocket too much as well as rx drugs, raises are horrible does not keep up with cost of living. Get a bonus very little. Stock doesn't do very much. stressful under short time frmae to complete work. Documentation bogs down progress.
Advice to Senior Management
All the good people are gone try to tratian what is left
Pros
Lots of opportunity to grow professionally - management supports cross-functional projects and initiatives. Good products that span pharmaceuticals, biotech drugs, vaccines as well as consumer products and animal health. Competitive compensation - includes base salary, annual bonus, restricted shares, stock options, and good benefits. 3 weeks of vacation to start for all employees plus a week off for the Christmas and New Years holidays.
Cons
Some sites are siloed. Many decisions are centrally-driven from Corporate (Madison) and Pharmaceutical headquarters. Overly conservative approach to what is inherently a risky business (drug discovery, development and commercialization). Legal and Finance make a lot of the decisions - Wyeth used to be a holding company and heritage is hard to leave behind.
Advice to Senior Management
Be aggressive in thinking - listen to the line management (not only your legal and finance advisors).
Pros
The integrity of the management team is not easily found in this industry and the location lends itself to a comfortable lifestyle
Cons
because they are in the process of being acquired by a larger company, there will be a lot of changes going forward and some challenges to getting things done
Advice to Senior Management
Stay focused to close the deal and then stay connected with the employees who have helped you to be successful.
Pros
top pharma company, excellent prodcuts and best in class researchers. Pleasant atmosphere with good facilities. World wide development and collaboration.
Cons
Conservative approach, rigidity in some aspect. Lack of efforts in talent recognition and development.
Advice to Senior Management
More efforts in talent development and retention
Pros
Wyeth is a great company to work for. They have an excellent training system, people are very helpful, and the compensation package is good and cometitive. The pipeline is decent and the company has had important recent approvals by majorboards of health.
Cons
Stress levels have been extremly high since project impact was announced in early 2008 and have only increased since the Pfizer merger was announced. People have been trying to keep focus on work but there are too many distractions right now. We all feel insecure about our jobs and those who manage survivethe merger will face additional uncertaint until all integrations activities are finished.
Advice to Senior Management
Please increase communication about the merger.
Pros
Good Employee benefits; Flexible work hours; Training available for personal growth; ability to transfer between departments; Encourage independence; reward good work Both as a pro and con, Wyeth offers classes for helping employees through transition to Pfizer
Cons
Metrics all important; Salaries seem to be below industry average; High pressure to get things done Stress levels very high among lab personnel and supervisors
Classes offered to help employees through transition to Pfizer but must complete a full days work in addition to the classes
Advice to Senior Management
Respect for employees during the transition to Pfizer by giving time to attend transition classes without having to put in a full days work in addition to the classes
Pros
Good salary and benefits. Pockets of strength and quality leadership. Some very good people. Decent work/life balance. Nice facilities - I'm digging now!
Cons
Weak leadership. Lack of respect for employees. Not rewarding of employees taking calculated risks. Not effective at managing/making changes. Do not walk the talk in general. Limited investment in training/growing and developing people. Lots of politics and corporate BS.
Advice to Senior Management
You blew it!
Pros
Good working conditions and its location. I enjoy very much working with my reports and peers. Overall you have to learn to deal with how senior managment works.
Cons
Very difficult review process. Way to much opinionated. I do not like to "HOLD THE SALARY LINE" he is making to much money. But, the Director level and above reward themselves with huge raises , PIA and stock. SUCKS!!
Advice to Senior Management
Some of you should go play on 422, Most need managment training. Rewards and pay increases outside of the research area need to be investigated.
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